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Q: When a company recognizes the portion of supplies used during a year, the effect is to decrease net income. (Points : 5) True False
A: TRUE. When a company recognizes the portion of supplies used during a year, the effect is to decrease net income.
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Original conversation
User: Every accounting transaction affects both the balance sheet and the income statement. (Points : 5) True False

User: he excess of current assets over current liabilities is referred to as working capital. (Points : 5) True False

User: The process of recording an item in the financial statements is called measurement. (Points : 5) True False

User: When a company recognizes the portion of supplies used during a year, the effect is to decrease net income. (Points : 5) True False

Weegy: TRUE. When a company recognizes the portion of supplies used during a year, the effect is to decrease net income.
Expert answered|alfred123|Points 2856|

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Asked 8/9/2013 8:20:38 PM
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what are the steps on solving -3(x+1)- x/2+3/2
Weegy: 3-3 = 0 (More)
Question
Expert Answered
Updated 9/2/2014 1:22:32 AM
1 Answer/Comment
-3(x+1)- x/2+3/2<0
-7/2x + -3/2 < 0
-7/2x < 0 + 3/2
-7/2x<3/2
-7/2x/-7/2 < 3/2/-7/2
x > -3/7
Added 9/2/2014 1:22:32 AM
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